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Packet 20230515
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Last modified
10/6/2025 10:24:42 AM
Creation date
5/31/2023 12:02:04 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
5/15/2023
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Reso 23-052 First Amendment to Management Plan SLTMO 2023
(Amended)
Path:
\City Clerk\City Council\Resolutions\2023
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Page 7 <br /> <br />books and records shall be kept at a location designated by the Board and may be inspected by any <br />member or his/her agent for any proper purpose during usual business hours. <br /> <br />ARTICLE VIII – FISCAL YEAR <br /> <br />The fiscal year of the Corporation shall begin on the first day of the month of July. <br /> <br />ARTICLE IX – NON-LIABILITY <br /> <br />No members of the Corporation and no contributor to the Corporation shall be liable for the acts of <br />the Corporation, its Board of Directors, its agents or its representatives. The Corporation shall <br />indemnify any person who was or is a party, or was threatened to be made a party to any threatened, <br />pending or completed action, suit or proceeding civil, criminal administrative or investigative when <br />the person is/was a member, Director, officer, employee or agent of the Corporation, except that to <br />the extent that such claims suits, etc., shall arise by virtue of willful misconduct or gross negligence. <br /> <br />ARTICLE X – AMENDMENTS <br /> <br />The By-Laws may be amended, altered or repealed or new By-Laws adopted by a two-thirds (2/3) <br />vote of the Directors at any meeting provided that the proposed action was stated in specific terms in <br />the notice of the meeting. <br /> <br />Attachment B
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